FHA has delayed the implementation of its single-family default monitoring system reporting module on the FHA Catalyst platform. The transition was originally scheduled for Dec. 1.
An Illinois appeals court vacated a summary judgment in favor of Fifth Third Mortgage Co. that led to the foreclosure sale of a couple’s home and remanded the case to a circuit court.
The Department of Housing and Urban Development needs a “corrective action plan” to improve and continue to modernize its information systems, the HUD Office of Inspector General said last month.
FHA raises loan limits for 2022; VA announces new maximum allowable legal fees; FHA extends use of alternative methods for face-to-face interviews with borrowers; Ginnie extends the use of alternative audit procedures; FHA is hiring; Mr. Cooper sells reverse servicing portfolio; Ginnie Mae to host a webinar on its single-family pool delivery module.